Bitcoin is making a bearish setup by forming a bearish flag pattern in 15m/1h time frame.The flag will give a breakout soon.The 16570 level and the 16339 level are the support levels downward.Keep an eye to the intraday trade and take the right entry.
Bitcoin is making bear divergences in uptrend in 15m time frame.Price is making a clear divergence of upcoming bear move as shown in the RSI .If the trendline breaks out,a short intraday trade can be initiated on 15m.Keep an eye.
After completing 12345 impulse move Bitcoin showing that it is currently in final corrective phase C of ABC.
When bitcoin broke the rising channel it was the 1st sign that possibly the entire move up is 3 waves. after completing wave B of ABC, now it has broken 2nd support level marked on chart, this confirms that the entire rise was wave B, and currently we are...
All Targets Achieved | 26% in just 29 days | Bitcoin |
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What is an ‘inverted cup and handle’?
An ‘inverted cup and handle’ is a chart pattern that indicates bearish continuation, triggering a sell signal. Think of it as an upside-down cup and handle.
If you look at the regular cup and handle pattern, there is a distinct ‘u’ shape and downward handle, which is followed by a bullish continuation. This means the inverted...
BitCoin – Next Tulipmania?
Selling Pressure is seen in BitCoin after Elon musk announcement.
Chart is around its major support level.
If 39520 breaks on weekly basis then Prices will easily reach 26650.
Extended target can be 19100.
If the above condition fails then good reversal is also possible from current level. So keep your stop losses as per your risk...
BITSTAMP:BTCUSD
one more strong resistance for swing coming. book your long only if find reversal at resistance. if find reversal one can go for short as well.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we...
As we have seen in the past after buying the bitcoin by the Warren Buffet , The BTC dump heavily.
These wealthy people want your bitcoin , DOn't make them fool again.
First they create the news then they dump on retail trader.
As market dump down, they start buying again.
History is repeating again.
Don't let them fool us again and again.
Sell your bitcoins now...
